Quote from: arcmetal on May 13, 2019, 04:19:13 AM

Quote from: JayJuanGee on May 13, 2019, 03:10:49 AM

Quote from: realr0ach on May 13, 2019, 02:17:59 AM

....... there's NOBODY in the general public looking to buy or can afford to buy imaginary timestamps for $7000 nowadays, so who the hell is the greater fool supposed to be? All the greater fools like JayJuanGee and Trollgoossens are already all-in. ............

Stahp trying to suggest that bitcoin is either a saturated or mature market. Only about 1% of the whole world's population has any kind of stake in bitcoin, so there are plenty of folks who will be ready, willing and able to buy into bitcoin. Also, many of the people who are 1% owners of bitcoin, are not necessarily "all in" bitcoin, including yours truly.
I will admit that since late 2014, I had largely established my stake into bitcoin, but I do continue to dollar cost average into bitcoin, too, so accordingly, I will concede that the percentage of my allocation towards bitcoin is likely quite a bit larger than a lot of other people who are "into" bitcoin.

No matter how you slice the situation, there are both a lot of people and a lot of money that can still enter into bitcoin, whether $7k or even at much higher prices, and therefore bitcoin, as a market, is not close to being either saturated or mature.
...

I have noticed it takes all kinds to fill this planet and make it go round.

You're comment reminded me of a conversation I had with a no-coiner a few summers back. He was certainly a negative nancy to all my comments about bitcoin. Finally it came down to me asking him "so would you ever consider buying some bitcoin?", to which he replied "yes, but not until it has become commonplace, and less volatile."

And so I says, that may not happen until it has reached $ 1 million, are you sure you'd wait until then? And his response was "yes". ...

He may have been serious, or maybe just spiteful, its tough to say. The best analysis I have of this is to compare it to the invention of the telephone. There are some that would buy it right away, to have the newest thing, and then there are some that would wait until everyone has a phone before buying it, because why would you own it if hardly anyone you knew had one. I realize the differences between these two inventions, but I'm just trying to rationalize of waiting to buy bitcoin at $ 1 million.

It might just be that some are happy to wait until it becomes a household item like a telephone, or a teapot, and they have no interest in making extra money on its path to that end.

Certainly you make fair and decent points, but you see Roach is WO's resident troll, so he is NOT genuinely attempting to engage regarding the actual value of holding some BTC or even hedging with BTC. So, otherwise your arguments might apply in a case like this, yet you realize also that any normal nocoiner or someone who is merely reluctant to bitcoin until it becomes stable, would not actively be participating in a topic that does not interest him.... So in that regard, truly roach is either a paid shill, pumping his stupid-ass PM talking points and denigrating bitcoin through the process or some kind of degenerate loser troll who merely gets pleasure in posting within a thread that does not positively interest him (only interests him in a negative sense... and maybe he has gotten emotionally attached with some of us over the years of his trolling here?).